Always did
Lemmy Shitpost
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All communities included on the sidebar are to be made in compliance with the instance rules. Striker
I completely misunderstood this image.
I thought the gorilla was actually a dog-man without a head, and the gorilla arms were ears attached directly to the neck, and the gorilla legs are arms, and instead of being on the table, the headless dogman was taking a selfie from above the OR, and while wearing corded earphones.
I can't explain how I got there.
Like this

That's a preatty unique concept if you ask me
I like to compare the Bitcoin price chart to the stats on a roulette wheel. You can't really predict what causes it to go one way or the other, but you do know that it will eventually go back.
I mean, Bitcoin is the one thing that just won't die. Every time its price collapses, people declare it dead, but a few years later it somehow comes roaring back. If you think Bitcoin is worthless just because it has no utility and no person smarter than a chimpanzee would invest in it, by God you are overestimating the intelligence of finance and crypto bros.
I think the reason has little to do with investors and more to do the bitcoin being the backbone of the online black market.
The online black market shifted to monero ever since the "Dreaded Pirate Roberts" was identified and arrested via his bitcoin accounts.
Dodgy people may hold bitcoin, but the don't use it for illicit transactions.
That may be true for a few markeplaces, but zero of the ones I have seen. All BTC.
No, btc is still often used for transactions between buyers and sellers before it gets converted into monero, and most exhanges don't sell monero so people usually buy btc and have it converted at a different site if they want to purchase with monero directly.
You actually can, because it behaves in 4 year cycles. Bitcoin ATH have been in August 2017, 2021 and 2025, and dips have been in December 2018, 2022 and 2026. This why people are selling right now, everyone knows this which makes it self-fulfilling
You're acting like you could predict this year based on 2 data points.
This is a text message. Look at charts if you want data. I agree it's not a guarantee though
Why 4 though? How do we know it'll repeat?
That's how often the block rewards halve, reducing the supply of new coins creating a predictable price increase.
Because it is nothing more than gambling.
And money laundry
and sanctions evasion
I love that there's a large section of nerds who think that magic beans are worth buying.
Here I am working slow and steady accumulating tangible wealth.
Lemmy is posting magical beans now?
Everyone seems to forget that the magic beans in Jack and the Beanstalk worked. They did exactly what they were supposed to do, and not really a bad purchase at all given the shit he went on to loot from that giant
Magic beans get you golden egg laying geese.
Compound interest and time.
If it looks and sounds too good to be true it probably is.
Maffs is hard
Me watching my lithium stocks get fucking smashed at the moment

Yay cheaper lithium
Should I not sell then?